How To Become A Millionaire
The movie Slumpdog Millionaire is a great hit as the story is about a boy who particpates in a game of questions and answers and he becomes a millionaire when he answered the questions correctly. The questions are so well arranged and pointed to all his life’s experiences which are the answers. The movie was so popular because it tickles the giant within every audience who actually wants to reach financial freedom. The basic desire to enrich one’s life is very well potrayed in Slumdog Millionaire. The provocative beats of A R Rahman reflects the pounding human hearts stricken, entrapped in poverty to find providence and ultimate peace in their lives. Slumdog Millionaire thus wins eight academy awards.
Do you want to become a millionaire? I do not think so you need to answer that. Everyone needs money for living. If you want to become a rich you need to do go through the following tips to enter to the world of millionaires.
Change Your Mindset
The first thing you need to do to become a millionaire is to think about the positive side of being rich. Many of us have the wrong concept that rich people are selfish, heartless and they got their wealth through unethical means. And when you become rich you will also become like them. This is entirely erroneous thinking. Think of your family when you become rich-they will have all they wanted in life. You can facilitate them with your new found wealth. You can expand their financial space. Rather than living a boring life through pay check to pay check you can live according to how you want to live.
Living based on oneed is not an enriching life. If you can expand your financial space you will have all the free will to have what your want. The theory of ‘unlimited wants’ is a conspiracy by economists. They misled us to belief that all our wants are based on greed. We are greedy so we cannot satisfy all our wants. How many of glasses of water can you drink when you are thirsty? It is until the point of quenching it. All our wants are actually our needs. A person who dwells in a living space of 25 sqare meters is not different from a person who stays in a space of 250 sqare meteres. Both have different needs of living space. Travelling to work by public transport is a need. If a person travels to work by car do you think you consider it as a need or a want?
Usually in a small contry, greater limitations are imposed in owning a car to solve congestion problem. Owning a car becomes costlier than travelling by public train. Affordability is what matters. If you become a millionaire you can afford all the things in the world. a millionaire can help the needy and poor. A millionaire can become a giver- though it may not be his choice.
Earn More Than What You Spent
You have to increase your cash flow if you want to become a millionaire. If your income is about $3,000 per month you must spend less than that for the entire month. This is common sense. But, most of the people forget the saying ’spend what you must and save what you can’. Those who have a fixed income habitually spend all of their money and do not have the sense of putting a sum of money aside. This is because they are very sure that there will be a salary credit in their bank books after each calendar month. They live in that comfort zone. That is a dangerous zone.
If you ‘must’ expenses comes about $2,000 per month take out the remaining $1,000 from your bank account and put it somewhere you cannot find it-put it under your clothing, inside your pillow covering or in the refrigerator. You can also pay all the bills twice so the next calendar month you will have a larger amount that is not spent. Whatever it is, you have to have excess income every month for putting aside.
Save And Invest
Savings in a bank will not have return when compared to other long term investment. Saving is hoarding. Investment in properties is a good option to expand your financial standing. Savings will not get you rich. Only when you invest in companies’ stocks and shares on a longer term there are chances of you hitting that first million. The important thing when you are buying shares and stocks is to understand the company issuing them.
A company with hiccups of integrity problem might end up entrapped with the web of law – sooner or later. Avoid those companies’ shares. If a company is energetic and full of intellect it does not mean it is going to be successful in the next ten years from now. A stable company is like a beautiful castle surrounded by a moat. This moat is to keep away attackers – competitors
The soft drink giant Coca Cola has had been in business for almost a century and there is no other cola drink like Coca Cola. The brand of Coca Cola is synonym for happiness-anywhere you find happy people gathering you can find coke. Buy shares of a company which deals in a simple product. honest management, and a fairly safe location. Then you can understand its business ten years from now.
The Glass Is Half Full
Peace of mind is lost when perception gets distorted. If you see a fruit seller dips his bunch of grapes in water- it is either he is cheating customers by selling lesser fruit with the same price or he just making the grapes glossy enough to attract customers.
A millionaire sees the positive side of life. He avoids negative insinuations at all times. There are all kinds of people surrounding us. The best person you can find is your self. If you save a $1,000 a month you will have $12,000 in a year and a $120,000 in ten years. If you happen to earn a 40 percentage in an investment then you can generate $500,000 in ten years. You are actually half a millionaire! Let the world whine about their success. The important thing is how are you seeing your success?
Do Not Change Your Life Style
People change their lifestyle once they have two dollars more than others. They flaunt their wealth. The road of success can be a smoothe one if you can just go through it with momentum with other things remaining the same. Do not be complacent and jumpy about before you reach the end of the road.
Do not change anything in your life if you have not reached a million dollars. Well that is your goal. Change comes with a cost. Expensive clothing, jewelleries, and other high flying lifestyle can be detrimental to your goal. In actual fact, you do not need all those expensive things which do not add difference to your value and current goal.
Stay Healthy
Staying healthy is the first priority for an enriching life. That is why i have created a category on ‘health’ in Proenrichment. Colds and flu are the common disease often spread by hand-to-hand contact. Proper hygienic living is the key to staying healthy. Make choices that promote strong immune function, such as swithching from coffee to tea, eating garlic liberally, and adding yogurt to your diet. Drink lots of water, which flushes toxins our of your body while re-hydrating your system. Use tomatoes in your diet to have a pink of health.
Do you have other tips on getting the first million? 
I’d love to become a millionaire. And to be honest, i will most likely be one within the next few years using a proven system. Want me to let you in on the secret?
Oscar ceremony was great. After it I watched film Slumdog Millionaire. At first I watched it online afterwords I downloaded it from rapidshare http://rapid4me.com/?q=Slumdog+Millionaire
i always wanted to be a millianore………
Nice article, good movie too
Cheers!
Especially changing your mindset is vital!